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**  KING III REPORT  ** 

All sections now updated to reflect the King III Report 

 

* * * Section 6 - JSE Abstract now updated to March 2010 quarter * * *

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 Welcome to

 

The RemCom Subscription Library

The Corporate Governance of Remuneration

 

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♦  A note to first-time users:   ♦

 

♦   Should you wish to read the chapter content, we suggest that you sign up for our  Free Trial  offer, which will allow you to view all the content of the Library for a period of three days.  Simply select Free Trial above and follow the on-screen instructions.  However, you will not be allowed to download or print the content, which can only be done once you are a full subscriber.  Select  Subscriptions  for more detail on this. 

 

♦    To read more about the Library itself, select either  Overview  or  Topics  above.

  

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♦   Our  Newsletters  contain up-to-date commentary on current affairs relating to the Library.

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♦   About the Library  ♦

 

The library is an important reference work relating to Nominations or Remunerations committees, and is designed to be of service to those who:

♦ - serve on a nominations or remuneration committee of a corporate or government entity,

 

♦ - are responsible for coordinating the activities of such a committee (whether as chief executive officer, HR executive or company secretary), or

 

♦ - provide advice to any such committee.

The library specifically offers access to -

♦   information on corporate governance issues and best practices affecting the remuneration of senior executives, including material on -

 

     o    the functions and functioning of remuneration committees;
     o    the development and application of the remuneration framework for senior executive pay;

     o    incentive schemes, share schemes and retention strategy
♦    regularly updated directors' remuneration look-up tables based on the regressed disclosed remuneration data of the approximately 800 executive directors serving on JSE-listed companies, compiled by business sector and market capitalisation size; as well as their exposure to share option schemes;

♦    regularly updated statistics on non-executive directors fees for services as director;

 

♦    the results of annual special surveys of:

 

      o     share option scheme grant policy; and 

      o    non-executive directors'  time commitment to board and sub-committee work.